Active
709 Gaviota Drive
Laguna Beach CA, 92651
$4,245,000
$1,791.14 per sqft
Active
4 Beds
4 Baths
2,370 sqft
Multi-family
Built in 1922
Listed by Spencer Wall with Pacific Sotheby’s International Realty 949-375-7768
An extraordinary location will almost always come with higher property values, higher appreciation rates and a better quality of life. This 4-PLEX investment opportunity is in the ideal Laguna Beach location. Primely positioned in the heart of town (Walkscore 94) on the ocean side of Coast Highway, one row from the Oceanfront. Endless views of the coastline in both directions....sand, white water, Catalina island and city lights. This property is surrounded mostly by updated and high value SFRs. The floor plan configuration includes three one bedroom apartments and one studio unit. Zoned R3, if desired, the upper unit could be converted to one, top level owner's unit or two bedroom apartment. For 60 years, this property has been diligently maintained by the same family and now presents a rare opportunity for a new owner. All systems are functional. Recent structural steel foundation upgrade and new roof. Cosmetic improvements and surface upgrades would take this property to a whole new level. Rents are all currently under market value. Schedule a tour today. 24 hour notice required.
LG24171403
MLSⓇ ID
August 19, 2024
Listed
October 24, 2024
Updated
Map
709 Gaviota Drive
Laguna Beach CA, 92651
Interior Features
Total Stories
2
Bedrooms
4
Total Bathrooms
4
Full Bathrooms
3
Three-Quarter Bathrooms
1
Interior Features
Multiple Staircases, Pantry
Laundry Description
In Garage
Fireplace
Yes
Fireplace Description
Living Room
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Combination
Exterior/Building Features
Lot Size
0.07 Acres
Exterior Features
Awning(s), Rain Gutters
Lot Features
0-1 Unit/Acre
Architectual Style
Traditional
Sewer
Public Sewer
School Information
School District
Laguna Beach Unified
Other Property Details
Area Name
LV - Laguna Village
Days on Market
65
Garage
Yes
Garage Spaces
2
Parking
Driveway, Garage Faces Rear
Parking Total
3
View
Yes
View Description
Catalina, City Lights, Ocean, Water
County
Orange
Water Source
Public
Pool
No
Pool Features
None
Waterfront
Yes
Listing History
Date | Event | Price |
|---|---|---|
10/23/2024 | Price change | $4,245,000 -2% |
9/16/2024 | Price change | $4,295,000 -2% |
Listing Contact: 949-494-3600
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/24/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 10/24/2024 at 11:13 AM UTC